Quote from: BitcoinHodler on June 07, 2017, 01:54:05 PM

Quote from: Alice Nuttal on June 06, 2017, 11:29:21 AM

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Besides, the difference in rates is around $50 now. Apparently, someone has already followed my advice Grin

prices usually are balanced after a while and it doesn't have to be because of arbitrage really. it can simply be one market reacting to the change later than the others. sometimes (not necessarily this case) the difference is because of timezone differences. some exchanges have more European traders and some US and some Asian, ...

But I read some local exchanges are trading in different price levels due to isolated conditions for payment options like they are unable to access other exchanges and hence they are leading or lacking in prices, but over time I did see all the exchange prices are converge to rest of world.

Honestly I am not hearing anybody making use of these price differences still I do see many people keep on spotting such opportunities. Hopefully some people would have got benefits from them but ignoring sharing here ?